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Posts Tagged ‘accident’

You’ve worked most of your life to give your family a comfortable house to live in. You want your children to live happily and contented with the business that you’ve built through the years. Yet accidents do happen. When it does happen, the first question will be, are you protected to ensure that what you’ve built through the years won’t easily be blown with the wind? If your answer is yes, then congratulations! Yet then again, what if you’re not protected to ensure everything that you’ve worked for including yourself? You need to think it over. Remember, even the most careful person needs insurance. They can’t prevent accidents from ever happening. Although, having insurance is not a substitute for risk management, yet it’s designed to help you absorb any responsibility that may occur.

Hopefully as you read on, this article will let you realize the importance of having insurance. Not just for your protection, yet for the protection of your loved ones and the dream that you’ve built. If you do have insurance and you’re tempted to put it off, don’t. Insurance helps you pay for everyday expenses and provides you a back-up in case of serious illness.

Well, it’s the law that each vehicle that is intended for hire and reward needs to have satisfactory and suitable taxi cab insurance coverage as defined by the Road Traffic Act of 1988. The standard type of vehicle insurance coverage doesn’t protect you and your travellers as a business.

Regardless of whether as a full time taxi cab or part time mini cab, you’ll need taxi insurance coverage. Taxis need to be covered for any accident or even passenger injuries they suffer in the course of your duties as well as their property as well as third party property. Taxis have to be covered for the “carriage of persons for hire or reward”.

There are quite simply TWO kinds of taxi insurance policies – ‘public hire’, which is usually associated with black cabs, which permit customers to ‘hail the cab’ and be picked up anyplace, and ‘private hire’ which requires just about all journeys to be pre-arranged with a taxi cab booking office.

This is where you initially telephone to make your booking, then the taxi cab office will arrange with their available drivers to collect an individual from your home or predetermined pick up place.